Selfiepreneur | Developing The Economy Of One

Money scarcity is a real thing. I would even venture to say that, in our country, money is the root of scarcity. Scarcity is driven into all of us at the very beginning of understanding trade. We no longer are taught to understand trade through value but now, more than ever, we understand trade through money. And, because money is a limited resource based on how fast you can get it versus the rate at which to expend it, it is immediately viewed as a scarce resource. It drives greed and fear around the scarcity mindset it breeds. BUT WHAT IS MONEY SCARCITY? “If a society coordinates economic plans on the basis of willingness to pay money, members of that society will strive to compete to make money.” – The Economic Way Of Thinking www.selfiepreneur.com/economicwayofthinking Read more at www.selfiepreneur.com/32

I live a pretty luxurious lifestyle. It’s mine though. And, it’s a life of luxury that I feel is right for me. I don’t drive a half-million dollar car or live in a mansion. Although I work for myself, I still have to work. But, I have decided for me what happiness looks like and I pursue it daily. While I’m constantly looking to level up, my greatest luxury is living my life instead of someone else’s. So in order to feel rich without being rich, I had to look at some of my behavior and the behavior of those around me. I had to really figure out what made me feel fulfilled and enriched. I spoke with a friend of mine from Young Rich & Rooted, Bee Lewis, about how she manages her lifestyle to achieve the same results. When Bee looked around she was found that most people’s financial habits were tied to a not yet established or satisfied personal identity. With the persistent presence of social media, not so reality tv, music video, movies, she says it’s very easy to get caught up in the “Jones Effect.” Read

My nephew asked me once, “What’s the best way to invest your money?” I’m not sure that my response was a surprise to him, though. I’m a big fan of asking, “What do you want out of life?” Once you know that part, you can put your time and money into achieving it. Now, Jim Rohn (always quoted on this site) said, ‘Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.’ So I think when we look out how to invest our money, we should first consider ourselves and, also consider our time. THE PARADOXICAL THEORY OF ABUNDANCE As I thought a little more on how to best invest time and money I realized something that has always been true for me. I make a lot of purchase (spending) decisions based on value. And, not only immediate value but value over time. So when it comes to how to invest, I believe this. You should spend more on production than consumption. Read more at www.selfiepreneur.com/30

It’s time to take all that we’ve discussed during the series and put it on display. If you haven’t checked out the previous articles, I invite you to take advantage of them. Our next series will be on finance; money time! If you want to make sure you don’t miss an article, take 2 seconds to find the subscribe button and get in there. I’m looking for your posts with the hashtag #selfiegoals so make sure you share something with the community. Let’s be better; together. Rashad

In this episode, we will break down a goal into an actionable outline. I hope you have been following along or at least caught up with On Goals: Part 1, Part 2, and Part 3. By now you have changed your bulleted goals list from "5000 subscribers to the podcast/email list," to a full commitment with purpose like, "I will earn 5000 subscribers to the podcast/email list because I believe the content will help change lives" You now have a constant reminder that it is your responsibility to make that goal happen. And, you have a clear understanding of why you believe the goal is worth pursuing. WHAT NOW? Read more at selfiepreneur.com/28

There are a lot of conversations on the types of goals that exist. In this article, we are going to talk briefly about types of goals in a way I have yet to find discussed. When I did my search for goal types I was given things like financial, spiritual, emotional and the like. While those delineations are important, I want to shift our approach. I want us to take an approach on the types of goals that will allow us to build on each type. FIRST, THE MISTAKE. I think the biggest mistake we can make is believing acquisition is a goal.

The greatest benefit of setting goals isn’t achieving them. It’s the process that you must go through and the person you become in order to achieve your goal. – Jim Rohn I have said before that we need to be more in love with the process than the prize. The quote above from Jim Rohn illustrates why that is so important. If you are setting good goals, then you are forcing yourself to change in order to reach them. It isn’t that you have to become a new person, just better the person you are today. If you have any goals, then you have an intention to achieve them. I want for you to have intention and expectation. The things we cover below are going to help with that. Let’s find success from the start. Read more at www.selfiepreneur.com/26

It’s the most wonderful time of the year, right? That time of year where we realize how we either had a great year or it just wasn’t our year. Then we make those incredible forecasts like “new year, new me.” And, we resolve to be better in a little while than we are right now… If you haven’t caught it yet, I think it’s a little ridiculous. If you’re going to be better, start right now. But, I do believe in setting and achieving goals; bigly. Where dey at doe??? (https://www.youtube.com/watch?v=ybcNSoh8vI4) Where is your goals list? Read more at www.selfiepreneur.com/25

We often hear phrases like “perception is reality” that contradict other phrases like “things aren’t always what they seem.” What do they mean though? And which is more accurate? There are different schools of thought on the matter from realists, to optimists, to absolutists. Each of those hold principles that will force you to interpret the phrases differently. Allow me to make an argument without defining it by any particular title. Read more at www.selfiepreneur.com/24

When I did a search to define legacy it gave me something I wasn’t expecting. Legacy is defined primarily as a gift, particularly money or personal possession, that is willed to another. I thought that was inheritance so of course I had to look that word up to. Inheritance is poorly defined but is considered synonymous with legacy or endowment. When we discuss Dr Martin Luther King Jr or the influential ancestors of our family, we tend to talk about their legacy more than their possessions. So what is legacy exactly? And how does it relate? Read more at www.selfiepreneur.com/23